{"id":1791964,"date":"2023-01-01T08:35:31","date_gmt":"2023-01-01T13:35:31","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1791964"},"modified":"2023-01-01T08:36:13","modified_gmt":"2023-01-01T13:36:13","slug":"disney-loses-123-billion-in-market-value-in-2022-as-shares-drop-44-percent-worst-year-since-1974","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-loses-123-billion-in-market-value-in-2022-as-shares-drop-44-percent-worst-year-since-1974\/","title":{"rendered":"Disney Loses $123 Billion in Market Value in 2022 as Shares Drop 44 Percent \u2014 Worst Year Since 1974"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">38<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdisney-loses-123-billion-in-market-value-in-2022-as-shares-drop-44-percent-worst-year-since-1974%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1791964&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<p class=\"subheading\">In 2022, $123 billion of Walt Disney Co.&#8217;s market value was lost. The stock fell 44 percent due to profitability concerns, CEO musical chairs and a suicidal embrace woke identity politics.<\/p>\n<p class=\"a8d-pre\">Not even <em>The Way of Water: Avatar<\/em> could lift the studio\u2019s financial outlook as investors brace for what looks to be a \u00a0turbulent several months ahead.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<div id=\"attachment_22841963\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-22841963\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/01\/avatar-way-of-the-water-112222-aa50678153db48da87bb53895fa8b27d.jpg\" alt=\"Avatar 2\" width=\"640\" height=\"480\"   style=\"display:none\"><\/p>\n<p class=\"wp-caption-text\">20th Century Studios.<\/p>\n<\/div>\n<p>Disney\u2019s abysmal 2022 represents its worst year since 1974 when the company\u2019s stock dropped 54 percent, according to\u00a0Dow Jones Market Data. For 2022, Disney\u2019s stock was the second-worst performing among the 30 companies that comprise the Dow Jones Industrial Average, after Salesforce.com, whose stock fell 48 percent.<\/p>\n<p class=\"a8d-pre\">Disney has\u00a0experienced a non-stop parade of bad news in 2022.<\/p>\n<figure id=\"D-ROS-B2\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p class=\"gnt_ar_b_p\">The company reported <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/11\/09\/tragic-kingdom-disney-shares-plummet-to-lowest-level-in-nearly-a-decade-as-concerns-mount-over-profitability\/\">surprisingly weak profitability<\/a> Its stock plunged in the most recent quarter and prompted an abrupt rebound <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/11\/21\/woke-bob-chapek-exits-disney-bob-iger-returns-as-ceo\/\">firing<\/a> Bob Chapek as CEO and Bob Iger as former CEO.<\/p>\n<p>Disney also chose<a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/03\/12\/disney-ceo-bob-chapek-grovels-to-lgbtq-employees-i-let-you-down-i-am-sorry\/\"> an ill-advised fight<\/a> Florida Gov. Ron DeSantis (R) over the state\u2019s anti-grooming Parental Rights in Education Law. As a result, Walt Disney World lost its lucrative self-governing status in the Orlando area \u2014 a privilege the company has enjoyed for decades.<\/p>\n<div id=\"attachment_20695364\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-20695364\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/04\/rondesantisDisney5.jpg\" alt=\"\" width=\"640\" height=\"480\" \/><\/p>\n<p class=\"wp-caption-text\">Joe Raedle and Chris Jackson\/Getty images<\/p>\n<\/div>\n<p>The company <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/12\/15\/disney-not-gay-enough-for-glaad-receives-insufficient-mark-in-annual-lgbtq-inclusivity-report-card\/\">has increasingly embraced radical LGBTQ activism<\/a> It has been incorporated <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/06\/29\/disney-animated-childrens-series-baymax-features-transgender-man-who-menstruates\/\">transgender ideology into its entertainment for children<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p>Disney Not Gay Enough for GLAAD, Receives \u2018Insufficient\u2018 Mark in Annual LGBTQ Inclusivity Report Card \u2013 Breitbart News <a href=\"https:\/\/twitter.com\/BreitbartNews?ref_src=twsrc%5Etfw\">@BreitbartNews<\/a> <a href=\"https:\/\/t.co\/Gb7yyj1ccZ\">https:\/\/t.co\/Gb7yyj1ccZ<\/a><\/p>\n<p>\u2014 Dystopia America (@DystopiaAmerica) <a href=\"https:\/\/twitter.com\/DystopiaAmerica\/status\/1603586362271072258?ref_src=twsrc%5Etfw\">December 16, 2022<\/a><\/p>\n<\/blockquote>\n<p>As Breitbart News <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/12\/25\/hollywood-lost-more-than-500-billion-in-market-value-in-2022\/\">reported<\/a>It was a terrible year overall for Hollywood. The market value of major Hollywood studios and streamers, as well as cable providers, was $542 billion. Left-wing Disney is the beneficiary. <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/12\/30\/woke-fail-netflix-shares-plummet-more-than-50-percent-in-2022-worst-year-in-more-than-a-decade\/\">Netflix<\/a>, and Comcast accounting were responsible for the majority of the bloodshed.<\/p>\n<p><strong><em>Follow David <\/em><em>Ng on Twitter\u00a0<a class=\"x5l\" href=\"https:\/\/twitter.com\/HeyItsDavidNg\" target=\"_blank\" rel=\"noopener external\">@HeyItsDavidNg<\/a>. Do you have a tip for me? Send me a tip at\u00a0<a class=\"c-link x5l\" href=\"mailto:dng@breitbart.com\" target=\"_blank\" rel=\"noopener external\">dng@breitbart.com<\/a><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2022, $123 billion of Walt Disney Co.&#8217;s market value was lost. The stock fell 44 percent due to profitability concerns, CEO musical chairs and a suicidal embrace woke identity politics. Not even The Way of Water: Avatar could lift the studio\u2019s financial outlook as investors brace for what looks to be a \u00a0turbulent several &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1791967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[12760,12759,3990,5458,6344,5053,4318,4545,6157,3819,3618,4790,6044],"class_list":["post-1791964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-12760","tag-12759","tag-3990","tag-bongino","tag-disney","tag-drop","tag-loses","tag-market","tag-percent","tag-report","tag-riot","tag-shares","tag-worst"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1791964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1791964"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1791964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1791967"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1791964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1791964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1791964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}